Crest Nicholson (LON:CRST) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Crest Nicholson Holdings plc (LON:CRST) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 174.58 ($2.25) and traded as low as GBX 145.60 ($1.87). Crest Nicholson shares last traded at GBX 145.60 ($1.87), with a volume of 765,500 shares trading hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upgraded Crest Nicholson to a “neutral” rating and lifted their price target for the company from GBX 180 ($2.32) to GBX 190 ($2.45) in a research report on Thursday, December 5th.

Crest Nicholson Stock Down 3.2 %

The company has a 50 day moving average price of GBX 165.68 and a two-hundred day moving average price of GBX 174.58. The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72. The stock has a market cap of £373.44 million, a PE ratio of -14.02, a PEG ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST) last posted its quarterly earnings results on Tuesday, February 4th. The company reported GBX 5.60 ($0.07) earnings per share for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. Analysts expect that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Insider Transactions at Crest Nicholson

In other news, insider William Floydd acquired 11,024 shares of Crest Nicholson stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average price of GBX 157 ($2.02) per share, for a total transaction of £17,307.68 ($22,283.61). Company insiders own 9.46% of the company’s stock.

About Crest Nicholson

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.